| 单词 | vertical integration |
| 释义 | vertical integration vertical integration (also vertical expansion) noun [U] (also vertical merger [C])
(Economics ) a situation where a company buys one of the companies which supplies it with goods or which buys goods from it: The company moved one step closer to vertical integration after acquiring its distributors. He believes Japanese enterprises are unlikely to practise vertical integration of their component suppliers. ⇨ BACKWARD INTEGRATION, FORWARD INTEGRATION, HORIZONTAL INTEGRATION, VERTICAL DISINTEGRATION
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